BidaskClub downgraded shares of Atlantica Yield (NASDAQ:AY) from a sell rating to a strong sell rating in a research note published on Friday morning.
Several other equities analysts have also recently weighed in on the company. Royal Bank of Canada restated a buy rating and set a $23.00 price objective on shares of Atlantica Yield in a research note on Monday, October 30th. Zacks Investment Research cut Atlantica Yield from a hold rating to a sell rating in a research note on Monday, December 25th. Finally, Guggenheim set a $27.00 price objective on Atlantica Yield and gave the company a buy rating in a research note on Thursday, January 18th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The company has an average rating of Hold and an average target price of $24.60.
Atlantica Yield (NASDAQ:AY) opened at $20.01 on Friday. The company has a debt-to-equity ratio of 2.90, a quick ratio of 2.20 and a current ratio of 2.23. Atlantica Yield has a 52 week low of $19.30 and a 52 week high of $25.99. The firm has a market capitalization of $2,005.35, a price-to-earnings ratio of 74.11, a price-to-earnings-growth ratio of 0.97 and a beta of 1.07.
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About Atlantica Yield
Atlantica Yield plc, formerly Abengoa Yield plc, is a total return company. The Company owns, manages, and acquires renewable energy, conventional power, electric transmission lines and water assets, focused on North America (the United States and Mexico), South America (Peru, Chile, Brazil and Uruguay) and Europe, Middle East and Africa (Spain, Algeria and South Africa).
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